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Articles for Cairn, search results for report

Tata Group may seek indemnity clause in Air India privatisation deal: Report
3 years, 5 months ago

Tata Group may seek indemnity clause in Air India privatisation deal: Report

India Today  

Tata Sons, the holding company of Tata Group, is one of the leading contenders to acquire Air India as the government looks to wrap up the sale of the debt-laden airline by the end of this calendar year or by the first quarter of 2022. Tata Group had reportedly quoted a price higher than Singh for acquiring Air India in …

India Indian Air Tata Sons Group Tata Group Tata
Cairn Energy freezes 20 Indian govt assets in Paris after court order: Report
3 years, 5 months ago

Cairn Energy freezes 20 Indian govt assets in Paris after court order: Report

India Today  

Britain’s Cairn Energy Plc has effectively seized 20 Indian government properties in Paris after securing an order from a French court. The report said that the French court had ordered Cairn Energy’s takeover of Indian government properties, mostly comprising flats, on June 11. Explained | Why Cairn Energy is moving to seize Indian assets This is the first asset freeze …

India Energy Arbitration Tax Indian French Cairn
India asks state-run banks to withdraw cash held abroad over Cairn dispute: Report
3 years, 7 months ago

India asks state-run banks to withdraw cash held abroad over Cairn dispute: Report

India Today  

India has asked state-run banks to withdraw funds from their foreign currency accounts abroad, two government officials and a banker said, as New Delhi fears Cairn Energy may try to seize the cash after an arbitration ruling in a tax dispute. A banker from one of India's 12 state banks, who also asked not be identified, confirmed the ministry had …

India Tax Indian Assets New Delhi Banks Dispute Cairn
India Asks State Banks to Withdraw Cash Held Abroad Over Cairn Dispute: Report
3 years, 7 months ago

India Asks State Banks to Withdraw Cash Held Abroad Over Cairn Dispute: Report

News 18  

India has asked state-run banks to withdraw funds from their foreign currency accounts abroad, two government officials and a banker said, as New Delhi fears Cairn Energy may try to seize the cash after an arbitration ruling in a tax dispute. A banker from one of India's 12 state banks, who also asked not be identified, confirmed the ministry had …

Indian New Delhi State Banks Cairn India Asks Dispute Report Seize Assets
Cairn Energy Wins Investment Treaty Arbitration Against India Over Tax Dispute: Report
4 years ago

Cairn Energy Wins Investment Treaty Arbitration Against India Over Tax Dispute: Report

News 18  

Cairn Energy has won an international arbitration case against the Indian government over a tax dispute, ending one of the most high profile disputes in the country, two sources with direct knowledge of the matter told Reuters. Cairn in March 2015 filed a formal dispute against a demand for more than $1.6 billion from the Indian tax department that dates …

India Energy Tax Indian Department Vedanta Cairn Energy